Summary

Below I've taken income statement data for SP500 stocks for the last four years and attempted to see if there is an easily defined relationship between changes to income statement attributes like Total Revenue, Net Income, or EBITDA and the resulting three month change in stock price. It is safe to say that there is no easily defined relationship, and some extraneous set of variables is responsible for changes in stock price.

Revenue vs Stock Change

Net Income vs Stock Change

EBITA vs Stock Change